This comes as vessel owners and operators face stricter regulatory requirements, while roughly six in ten say they will invest in anti-fouling coatings to reduce their vessels' carbon emissions.

The companies announced energy savings and emission reduction resulting from the use the technology in light commercial vehicles production. 

All of the company's manufacturing locations in Latin America are now operating on 100%-renewable electricity, further boosting the company’s ambition to reduce carbon emissions across the full value chain by 50% by 2030. Read examples of how the company is moving towards this goal, globally. 

The company acheived its carbon negative goal and is now California Green Business certified in addition to earning the EcoVadis silver medal and Greenly Silver status.

The company has calculated the individual product carbon footprints (PCF) of both chemical products.The analysis shows that due to production setup, the PCFs of BDO and derivatives such as PolyTHF are significantly below the global average PCF of the corresponding third-party chemicals that are all produced from fossil-based raw materials.

The federation aims to reduce the coatings sector’s emissions by 38% by 2030.

The company hopes to accelerate the transition to a circular economy by building strong partnerships across value chains.  

According to the white paper, ship operators can reduce their fuel use and emissions output by using Silverstream Technologies’ air lubrication system (ALS) with AkzoNobel’s fouling control coatings.

Siegwerk joined the initiative with a commitment letter in 2022, and has set near- and long-term company-wide emission reductions in line with science-based net-zero with the SBTi.

EPS and GIT have partnered to add propeller coatings across EPS' fleet. The extensive application will maximize vessel performance with GIT’s eco-friendly, highly durable, and ultra-low friction foul-release coating.